Business

Armenia’s $470 Million World Trade Center Revealed, Twin Towers Set to Be Yerevan’s Tallest Building Ever

Armenia's $470 million World Trade Center will rise as twin towers on Yerevan's Saryan Street, set to be the tallest building in the city's history, reports Zartonk Media. Launched on...

Armenia Zartonk -

Armenian-Founded Jooba Raises $4 Million Seed Round From a16z Speedrun to Build AI-Native Recruiting Firm

Jooba, an Armenian-founded startup based in Los Angeles, has raised a $4 million seed...

Business Zartonk -

PROFAL Opens a New $20 Million Architectural Glass Processing Plant in Armenia, the Largest in the Region

PROFAL opened an architectural glass processing plant in the Nairi community of Kotayk Province,...

Armenia Zartonk -

Massis Kabob to Open First Armenian-Owned Restaurant in a U.S. Airport at Hollywood Burbank’s New Terminal

Massis Kabob is set to open its 8th location inside Hollywood Burbank Airport's new...

Business Zartonk -

Latest

Armenia Opens New 10-Hectare AI-Run Tomato Greenhouse in Aragatsotn With a $26.7 Million Investment

Agro Prom has opened a state-of-the-art tomato greenhouse in Aragatsotn Province, investing roughly 9.7 billion drams, or about $26.65 million, Armenia's Economy Ministry said. The...

Armenian-Owned E-auto Invests $5 Million to Open HONGQI’s Largest Regional Center in Yerevan

E-auto opened a nearly 3,000 square meter HONGQI center at 40/3 Rubinyants Street in Yerevan on August 21, investing around $5 million in what...

S&P Cuts Armenia’s 2026 Growth Forecast to 4.9% as Russian Bans Hit Armenian Exports Worth 2% of GDP

S&P Global Ratings affirmed Armenia's BB-/B long- and short-term foreign and local currency sovereign credit ratings and kept the outlook on the long-term ratings...